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Dwight Mortgage Trust, the commercial mortgage REIT affiliate of Dwight Capital, has launched a balance sheet construction lending program for multifamily and mixed-use properties. The assets range from ground-up development of garden-style and mid-rise properties to substantial rehabilitation and conversion of existing properties. The loan program offers borrowers several benefits, including in-house. ....
NEW YORK, NY - Dwight Capital closed over $297.8MM in financings during February. Featured among Dwight’s transactions are a HUD new construction loan for Deer Springs Apartments and bridge loans for Summer Brook Health Care, Terrace at Hobe Sound, and Huntwood Terrace Apartments. The bridge loans were closed through the firm’s commercial mortgage REIT, Dwight Mortgage Trust. Dwight provided a $60.98MM HUD 221(d)(4) new construction loan for Deer Springs Apartments, a 334-unit. ....
Dwight Capital Closes in Excess of $364 Million in Financing for Multifamily and Healthcare Related Properties During May 2021 multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
NEW YORK, NY - Dwight Capital provided in excess of $396 MM in financings (including Interest Rate Reductions) during March. Featured among Dwight’s closings are HUD loans for City Market at O Street, Springs at Laurens Road, and Blackhawk Trails Apartments. Dwight closed $128 MM in HUD financing for City Market at O Street, a 400-unit mixed-use project located in Washington, D.C. Built in 2013-2014, the property is comprised of two, nine-story apartment buildings, five retail spaces, a ground floor grocery store, and a three-level parking garage. The project’s amenities feature a swimming pool, dog park, rooftop with 360-degree panoramic views, and concierge services. The O Street Market, one of D.C.’s greatest historic landmarks, was preserved and incorporated into the new construction. ....